It's easy to feel confident in your investments when the markets are going up and you're making money. But what happens if the market declines? Is there anything we can do? In an actively managed account your money is watched over and has drawdown (market decline) protection. Look at the difference between the gray line, the S&P 500, which goes up and down as the market moves, and the blue line, the tactically managed account, which is pulled out of the market and moved to cash when the market declines. The effect is compounding:

Let's look at it another way. The first graphic below shows $10,000 with 12% annual interest compounding for 44 years; the second shows how much effect a 50% loss has on your investment even if it only happens once every 12 years:
